It’s benefits enrollment season! It's important that young professionals can enroll with confidence. As a young professional, are you confident that you can identify the right health care benefits for your lifestyle? Or does the thought of choosing your benefits completely overwhelm you?
If the latter is the case, you’re not alone. More than half of young workers will be choosing their health care benefits for the first time this enrollment season, according to the 2017 Aflac WorkForces Report First-Time Enrollee Survey.* However, only 19% of the young adults surveyed said they felt confident when it came to selecting health care benefits, and only 31% said they felt prepared.*
In fact, a whopping 76% of American workers make decisions about their health care plans without complete knowledge of the overall benefits, according to the 2017 Aflac WorkForces Report.** As a result, workers enrolling in benefits plans for the first time may not select the option that best suits their lifestyles.
This lack of knowledge often results in hundreds of dollars down the drain. Fifty-five percent of those surveyed said they waste up to $750 as a result of mistakes made during open enrollment.**
If you want to make sure you get the best coverage possible without spending obscene amounts of money each month, it’s essential that you educate yourself before committing to a benefits plan so you can avoid costly mistakes. With that in mind, here’s an easy checklist to follow so you can enroll with confidence: